Totals
- Total revenue
- $5,366,459
- Total expenses
- $7,695,931
- Contributions and grants received
- $5,438,738
- Grants paid
- $55,273
- Program service revenue
- $0
- Investment income
- $57,691
- Other revenue
- -$129,970
- Total assets, end of year
- $5,196,818
- Total liabilities, end of year
- $1,629,937
- Net assets or fund balances, end of year
- $3,566,881
- Program services expenses (Part IX)
- $5,808,316
- Management and general expenses
- $748,830
- Fundraising expenses
- $1,138,785
- Program service expenses (Part III)
- $5,808,316
Program services were 75.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$413,672
-
1e · Government grants (contributions)
$1,236,172
-
1f · All other contributions, gifts and grants
$3,788,894
-
1g · Noncash contributions included above
$169,992
-
3 · Investment income
total $14,975 · excluded $14,975
-
7a · Gross sales of assets other than inventory
securities $4,088,872
-
7b · Less cost or other basis and sales expenses
securities $4,046,156
-
7c · Gain or loss
securities $42,716
-
7d · Net gain or loss
total $42,716 · excluded $42,716
-
8a · Fundraising events: gross income
$28,060
-
8a · Fundraising events: contributions included on line 1c
$413,672
-
8b · Fundraising events: direct expenses
$170,180
-
8c · Net income from fundraising events
total -$142,120 · excluded -$142,120
-
11a · Other revenue: OTHER INCOME
total $12,150 · excluded $12,150
-
11e · Other revenue, total
$12,150
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $55,273 · program services $55,273
-
5 · Compensation of officers, directors and key employees
total $324,234 · program services $108,078 · management and general $108,078 · fundraising $108,078
-
7 · Other salaries and wages
total $3,274,947 · program services $2,638,265 · management and general $236,574 · fundraising $400,108
-
8 · Pension plan contributions
total $73,218 · program services $49,420 · management and general $9,791 · fundraising $14,007
-
9 · Other employee benefits
total $581,268 · program services $493,527 · management and general $44,454 · fundraising $43,287
-
10 · Payroll taxes
total $263,730 · program services $201,097 · management and general $25,201 · fundraising $37,432
-
11c · Fees: accounting
total $43,392 · management and general $41,208 · fundraising $2,184
-
11f · Fees: investment management
total $3,821 · management and general $3,821
-
11g · Fees: other
total $629,807 · program services $180,819 · management and general $131,835 · fundraising $317,153
-
12 · Advertising and promotion
total $4,133 · program services $1,352 · fundraising $2,781
-
13 · Office expenses
total $111,491 · program services $85,166 · management and general $12,205 · fundraising $14,120
-
16 · Occupancy
total $425,414 · program services $375,324 · management and general $34,168 · fundraising $15,922
-
17 · Travel
total $177,820 · program services $90,021 · management and general $19,513 · fundraising $68,286
-
19 · Conferences, conventions and meetings
total $92,327 · program services $55,885 · management and general $6,906 · fundraising $29,536
-
22 · Depreciation, depletion and amortization
total $101,273 · program services $91,146 · management and general $5,063 · fundraising $5,064
-
23 · Insurance
total $44,933 · program services $35,113 · management and general $3,951 · fundraising $5,869
-
24a · Other expenses: STIPENDS
total $1,217,622 · program services $1,217,622
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $113,221 · program services $39,119 · management and general $37,742 · fundraising $36,360
-
24c · Other expenses: PAYROLL PROCESSING FEES
total $79,146 · program services $60,765 · management and general $7,396 · fundraising $10,985
-
24d · Other expenses: STAFF DEVELOPMENT
total $54,039 · program services $20,140 · management and general $13,980 · fundraising $19,919
-
24e · All other expenses
total $24,822 · program services $10,184 · management and general $6,944 · fundraising $7,694
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $286,015 · end of year $461,303
-
2 · Savings and temporary cash investments
beginning of year $9,261 · end of year $9,218
-
3 · Pledges and grants receivable
beginning of year $3,163,820 · end of year $2,194,011
-
4 · Accounts receivable
beginning of year $18,538 · end of year $292
-
9 · Prepaid expenses and deferred charges
beginning of year $21,499 · end of year $13,852
-
10a · Land, buildings and equipment: cost or other basis
$697,126
-
10b · Land, buildings and equipment: accumulated depreciation
$348,125
-
10c · Land, buildings and equipment, net
beginning of year $450,274 · end of year $349,001
-
11 · Investments: publicly traded securities
beginning of year $2,182,702 · end of year $819,252
-
15 · Other assets
beginning of year $1,677,468 · end of year $1,349,889
-
17 · Accounts payable and accrued expenses
beginning of year $351,404 · end of year $370,866
-
25 · Other liabilities
beginning of year $1,602,643 · end of year $1,259,071
-
27 · Net assets without donor restrictions
beginning of year $3,291,900 · end of year $1,293,053
-
28 · Net assets with donor restrictions
beginning of year $2,563,630 · end of year $2,273,828
Mission and programs · 2024
Mission
EXALT YOUTH SERVES YOUTH INVOLVED IN THE CRIMINAL JUSTICE SYSTEM, MOVING THEM AWAY FROM INCARCERATION TOWARDS RE-ENGAGEMENT WITH EDUCATION AND MEANINGFUL JOB OPPORTUNITIES. OUR STUDENTS COME FROM SOME OF THE MOST ECONOMICALLY DEPRESSED NEIGHBORHOODS IN NEW YORK AND ARE OFTEN FACING POTENTIALLY LIFE ALTERING CIRCUMSTANCES. THE EXALT MISSION COMBINES A RIGOROUS CURRICULUM WITH PAID INTERNSHIPS AND CAREER DEVELOPMENT TO ELEVATE EXPECTATIONS OF PERSONAL SUCCESS FOR COURT-INVOLVED YOUTH AGES 15-19. EXALT TRACKS PARTICIPANT OUTCOMES IN THREE SPECIFIC AREAS: 1) CRIMINAL JUSTICE AVOIDANCE; 2) ACADEMIC PROGRESSION; AND 3) EMPLOYABILITY. OUR MODEL IS BUILT UPON OUR TESTED INCUBATION PERIOD AT THE BLUE RIDGE FOUNDATION IN 2006 AND GOLD STAR EVALUATION BY JOHN JAY RESEARCH AND EVALUATION CENTER IN 2013.
Activities or mission (Part I)
AT EXALT WE EMPOWER YOUTH TO SEE A FUTURE FILLED WITH HOPE, AND WE PROVIDE THE ROAD MAP TO GET THERE.
-
EXALT YOUTH IS AN ORGANIZATION DESIGNED SPECIFICALLY FOR YOUTH INVOLVED IN THE CRIMINAL JUSTICE SYSTEM. WE SERVE YOUTH AGES 15-19 ANNUALLY, 71% MALE, 28% FEMALE, AND 1% UNKNOWN. PROGRAM PARTICIPANTS COME FROM NEW YORK CITY'S POOREST ZIP CODES, AND ALL FACE A HOST OF BARRIERS SUCH AS MULTI-GENERATIONAL POVERTY, FOSTER CARE INVOLVEMENT, LOW EDUCATIONAL SKILLS, INCARCERATED PARENT(S), RACIAL MARGINALIZATION, AND LIVING IN HOUSEHOLDS WITH LITTLE SUPPORT IN WHICH THEY ARE OFTEN CAREGIVERS FOR SIBLINGS OR SICK RELATIVES. EXALT'S SIGNATURE 21-WEEK CORE PROGRAM IS DESIGNED TO ADDRESS THREE PRIMARY FACTORS: CRIMINAL JUSTICE AVOIDANCE, EDUCATIONAL ATTAINMENT, AND EMPLOYABILITY. THE PROGRAM CONSISTS OF THE FOLLOWING FOUR COMPONENTS: 1) FOUNDATIONAL LIFE SKILLS (CRITICAL THINKING, COMMUNICATION, CREATIVE PROBLEM-SOLVING, AND RESOURCE MANAGEMENT THROUGH PRE- AND POST-INTERNSHIP CLASSES); 2) INDIVIDUALIZED PLANNING AND SUPPORT (GOAL SETTING AND EFFECTIVE EDUCATION/COURT ADVOCACY STRATEGIES TO HELP STUDENTS SUCCESSFULLY NAVIGATE THE EDUCATIONAL AND LEGAL SYSTEMS); 3) PAID INTERNSHIPS (EXPOSURE TO DIVERSE CAREER OPPORTUNITIES THROUGH OUR PARTNERSHIPS WITH OVER 100 BUSINESSES ACROSS NYC); AND 4) ALUMNI NETWORK (PAID GRADUATE PROGRAMMING THAT INCLUDES EXTENDED INTERNSHIPS, INDIVIDUAL EDUCATION/CAREER COUNSELING, AND MONTHLY COLLEGE/CAREER WORKSHOPS).
Expenses $5,808,316 · Grants $55,273
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Yumari L MartinezYUMARI L MARTINEZ
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Lisette NievesDR LISETTE NIEVES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ruth L FrommerRUTH L FROMMER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kunal DasKUNAL DAS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ana Bermudez EsqANA BERMUDEZ ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danzey Burnham EsqDANZEY BURNHAM ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed CarsonED CARSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lamson LamLAMSON LAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lance Clarke EsqLANCE CLARKE ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maggie BurrowsMAGGIE BURROWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean GleasonSEAN GLEASON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stasha SantifortSTASHA SANTIFORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gisele CastroGISELE CASTRO
CHIEF EXECUTIVE OFFICER
- Total calculated
- $298,013
- From this org
- $276,168
- From related orgs
- $0
- Other
- $21,845
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $276,168
- Bonus
- $0
- Other
- $0
- Deferred
- $10,213
- Nontaxable benefits
- $11,632
- Filer's total
- $298,013
-
Marcelo NigriMARCELO NIGRI
SENIOR DIRECTOR OF FINANCE
- Total calculated
- $194,040
- From this org
- $162,252
- From related orgs
- $0
- Other
- $31,788
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $162,252
- Bonus
- $0
- Other
- $0
- Deferred
- $7,689
- Nontaxable benefits
- $24,099
- Filer's total
- $194,040
-
Andrea FeduziANDREA FEDUZI
CHIEF OPERATING OFFICER
- Total calculated
- $191,708
- From this org
- $182,339
- From related orgs
- $0
- Other
- $9,369
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $182,339
- Bonus
- $0
- Other
- $0
- Deferred
- $9,291
- Nontaxable benefits
- $78
- Filer's total
- $191,708
-
Joelle ServaisJOELLE SERVAIS
CHIEF DEVELOPMENT OFFICER (1/24)
- Total calculated
- $175,050
- From this org
- $150,593
- From related orgs
- $0
- Other
- $24,457
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $150,593
- Bonus
- $0
- Other
- $0
- Deferred
- $3,332
- Nontaxable benefits
- $21,125
- Filer's total
- $175,050
-
Jason AlleyneJASON ALLEYNE
CHIEF PROGRAM OFFICER
- Total calculated
- $163,204
- From this org
- $151,692
- From related orgs
- $0
- Other
- $11,512
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $151,692
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,512
- Filer's total
- $163,204
-
Inga GlodowskiINGA GLODOWSKI
DIR. DEVELOPMENT (UNTIL 11/24)
- Total calculated
- $157,522
- From this org
- $132,169
- From related orgs
- $0
- Other
- $25,353
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $132,169
- Bonus
- $0
- Other
- $0
- Deferred
- $3,103
- Nontaxable benefits
- $22,250
- Filer's total
- $157,522
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523079349303662
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